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OTIS WORLDWIDE CORPORATION

(OTIS)
  Report
Delayed Nyse  -  04:00:02 2023-01-30 pm EST
80.96 USD   -0.30%
01/19Wells Fargo Adjusts Price Target on Otis Worldwide to $76 From $71, Maintains Underweight Rating
MT
01/11Otis Fourth Quarter 2022 Earnings Advisory
PR
01/06Morgan Stanley Initiates Coverage on Otis Worldwide With Equal Weight Rating, $84 Price Target
MT
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Business Summary
Logo Otis Worldwide Corporation
Otis Worldwide Corporation is one of the world's leading manufacturers, installers and maintainers of lifting systems. The group provides elevators, escalators and conveyors to residential buildings, shopping centers, public transportation facilities, hotels, hospitals and industrial buildings. Net sales break down by activity as follows:

- maintenance and repair services (45.3%) ;

- sale of elevation systems (45%);

- modernization services (9.7%).

Net sales are distributed geographically as follows: the United States (25.9%), China (20.1%) and other (54%).

Number of employees : 70 000 people.
Sales per Business
20202021Delta
Service7 385.0057.9%7 870.0055% +6.57%
New Equipment5 371.0042.1%6 428.0045% +19.68%
USD in Million
Sales per region
20202021Delta
Other7 159.0056.1%7 721.0054% +7.85%
United States3 462.0027.1%3 700.0025.9% +6.87%
China2 135.0016.7%2 877.0020.1% +34.75%
USD in Million
Managers
Name Title Age Since
Judith Marks Chairman, President & Chief Executive Officer 58 2022
Anurag Maheshwari Chief Financial Officer & Executive Vice President 48 2022
Ricardo Mu˝oz Vice President-Engineering - -
Todd Glance Vice President-Operations - -
Michael Rednor Investor Relations Contact - -
Toby Smith Secretary & Vice President - -
Robin Fiala Vice President-Sales & Marketing 54 2013
Neil Green Chief Digital Officer & Executive Vice President 52 2020
Luis Molina Executive Vice President-Growth & Strategy - -
Bernardo Fernßndez Calleja Executive Manager 60 -
Members of the board
Name Title Age Since
Judith Marks Chairman, President & Chief Executive Officer 58 2022
Jeffrey H. Black Independent Director - 2020
Christopher Kearney Independent Director 66 2020
Kathy A. Hopinkah Hannan, Dr. Independent Director 60 2020
Shailesh Jejurikar Independent Director 55 2020
Terry McGraw Independent Director 73 2020
Margaret Mary V. Preston Independent Director 64 2020
Shelley Stewart Independent Director 68 2020
John Walker Lead Independent Director 64 2020
Nelda J. Connors Independent Director 56 2022
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 435,386,077 416,359,207 95.6% 18,800,000 4.3% 95.6%
Shareholders
NameEquities%
The Vanguard Group, Inc. 38,083,283 9.14%
SSgA Funds Management, Inc. 15,956,282 3.83%
Fiera Capital Corp. (Investment Management) 9,844,380 2.36%
Geode Capital Management LLC 9,726,352 2.33%
AllianceBernstein LP 9,637,299 2.31%
Morgan Stanley Investment Management Ltd. 9,451,794 2.27%
BlackRock Fund Advisors 9,021,426 2.17%
Massachusetts Financial Services Co. 8,732,674 2.10%
Fundsmith LLP 6,285,878 1.51%
Capital Research & Management Co. (Global Investors) 6,152,879 1.48%
Markets and indexes
- Main Market
- S&P 500 /
Stock Exchange Codes
- Bloomberg Code :  OTIS:US
- Reuters Code :  OTIS.N
- Datastream Code :  
Company contact information
Otis Worldwide Corporation
1 Place Carrier
CT 06032 Farmington, Connecticut

Phone : +1 (860) 676-6011
Fax :
web site : https://www.otis.com/
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